Spring’s CityPlace to break ground in early 2016

​​SPRING – The first office and retail building in Springwoods Village could break ground early next year within CityPlace, the town center area of the master-planned community in Spring.

CityPlace 1, in the northeast portion of CityPlace, is expected to break ground in first quarter 2016 and could be completed in first quarter 2017.

CityPlace 1 will house 150,000 sf of mixed-use space, including 26,000 sf of retail space in addition to office space.

Demand for corporate office space has tempered recently with the decline in oil prices.

While work begins on the first office building, construction will simultaneously be done on the second phase of CityPlace right across the street, which will feature a parking garage with a fitness center on the top floor. On the ground floor, the Patrinely Group is working to attract restaurants to three available pad sites.

CityPlace will eventually house 4 million sf of office space and 400,000 sf of retail, including a movie theater complex that will allow patrons to dine and eat at the same time and will feature at least ten theater.

The northeastern section of CityPlace will also feature Springwoods Village’s second luxury apartment complex, The Mark at CityPlace, which is also the second multifamily project in Springwoods Village to be developed by Martin Fein.